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Managing Innovation (MGMT90030)
Graduate courseworkPoints: 12.5On Campus (Parkville)
From Semester 1, 2023 our undergraduate programs will be delivered on campus. Graduate programs will mainly be delivered on campus, with dual-delivery and online options available to a select number of subjects within some programs.
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Dr Joeri Mol jmol@unimelb.edu.au
Overview
| Availability | Semester 2 |
|---|---|
| Fees | Look up fees |
The purpose of this subject is to examine the topics of Managing Innovation in the context of large and small organisations. Innovation is ultimately the lifeblood of organisations, in that it is concerned with the capability to effectively introduce new products and services, new or substantively improved processes or other major initiatives into existing and new organisations. Topics include innovation capability, new product/process technology introduction, and innovation culture and innovation measures The subject addresses the process of innovation exploitation and exploration and the role ambidextrous organisational designs and dynamic organisational capabilities play in this process. The subject will examine the emerging importance of open innovation in the co-evolution of market and customer value and the use of crowd and expert sourcing in this process. Key elements addressed that are part of successful innovation companies are vision and strategy innovation, creativity and idea management, culture and climate, management of technology, organisational structures, intelligence and systems. Firms that have successfully and systematically created such capabilities will be used as case studies.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain the range, scope and complexity of the issues and problems related to the strategic management of technology, innovation and entrepreneurship;
- Analyse the conceptual framework for assessing and auditing the innovative capabilities of a business organisation;
- Describe the skills necessary to an effective innovator throughout the innovation process from idea to market;
- Explain the theories and models of managing innovation;
- Apply major innovation theories and models of organisational problems to the analysis of case studies;
- Analyse the impact of effective management of innovation on organisational performance;
- Critically evaluate core principles of innovation management and comment on their implications;
- Explain the innovation cycle, from conceptualisation to commercialisation, and how it can be accelerated.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- High level of development: Problem solving and critical thinking, which should be fostered in the tutorial program where students will apply theoretical material to actual case studies;
- High level of development: Collaborative learning and team participation, which should be fostered through the tutorial program;
- Evaluation and analysis of data and theoretical information;
- Accessing data and other research information from a range of sources, including electronic and written forms; and
- Moderate level of development of oral and written communication skills.
Last updated: 25 January 2023
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 25 January 2023
Assessment
| Description | Timing | Percentage |
|---|---|---|
30 minute in-class group presentation/student-led workshop (usually groups of 4 students)
| Throughout the semester | 20% |
Individual assignment
| Week 5 | 30% |
Group assignment (usually in groups of 4 students)
| Week 9 | 20% |
Individual assignment
| During the examination period | 30% |
Last updated: 25 January 2023
Dates & times
- Semester 2
Principal coordinator Joeri Mol Mode of delivery On Campus (Parkville) Contact hours 36 hours (one 3-hour seminar per week) Total time commitment 170 hours Teaching period 24 July 2023 to 22 October 2023 Last self-enrol date 4 August 2023 Census date 31 August 2023 Last date to withdraw without fail 22 September 2023 Assessment period ends 17 November 2023 Semester 2 contact information
Dr Joeri Mol jmol@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
- Completion rate. Students who started their course from 2022 and are in a CSP or receiving a HELP Loan (eg FEE-HELP) must meet the completion rate to continue to receive Commonwealth Support for that course.
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement, and as a fail toward the completion rate, unless there are approved ‘special circumstances’.
Last updated: 25 January 2023
Further information
- Texts
Prescribed texts
Samson, D. and Gloet, M., ( 2016 ) Innovation and Entrepreneurship: Creating New Value Oxford University Press.
- Related Handbook entries
This subject contributes to the following:
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 25 January 2023